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Tag: jun 15 2021

Home jun 15 2021
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WHAT IS THE VALUE OF CRYPTOS AND BLOCKCHAINS?

Given the plunge of many average investors into cryptos dating from January 2021, and the volatility that has characterized their history, it’s well worth examining the recent doubts and government rumblings about them. Some of the most commonly voiced objections about cryptocurrencies are that they: Exist only on computers Aren’t “backed” by anything Can (or...

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PENTAGON: KEEP THE 20 YEAR LOSING AFGHAN WAR GOING

As we have continually noted over the years, President Dwight David Eisenhower, who, as Supreme Allied Commander during World War II and two term U.S. president had warned the nation in his 17 January 1961 farewell address that the military/industrial complex was robbing the nation of the genius of the scientists, sweat of the labors...

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ISRAEL CONDUCTS SERIES OF DEADLY AIRSTRIKES IN SYRIA

It didn’t make the U.S. news, but last week Israel conducted a series of deadly airstrikes in Syria and reportedly targeted military sites in Damascus, Homs, Hama, and Latakia. Al Jazeera, citing Syria’s SANA news agency, reported that the airstrikes occurred last Tuesday and Israeli planes fired the missiles from Lebanese air space. The Syrian Observatory for Human...

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IRAN DEPLOYS WARSHIP TO ATLANTIC

An Iranian destroyer and support vessel have reached the Atlantic Ocean and their destination is believed to be Venezuela, The Associated Press reported, citing U.S. officials.  The report identified the ships as the destroyer Sahand and the Makran, which has been described as an intelligence-gathering vessel. An Iranian admiral told The AP only that the mission is the longest...

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HONG KONG’S FUTURE AS GLOBAL FINANCIAL HUB IN JEOPARDY

It is being reported that Hong Kong’s role as a global financial hub is in question due to the city’s inability to reopen its borders and the unwillingness of its population to get the COVID Jab.  “We are effectively signaling that we are closed for business,” an American banker in the city told The Financial Times....

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CHINA PUTS BRAKES ON ITS EFFORT TO REDUCE EMISSIONS

China’s carbon dioxide emissions rose 9 percent in the first quarter of 2021, Reuters reported. The report said 70 percent of its surge was due to the increased consumption of coal.  The Wall Street Journal reported that China’s President Xi Jinping pledged to achieve net-zero emissions by 2060. The country is the world’s worst emitter. The report pointed out...

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CHINA-EUROPE FREIGHT TRAINS: SHARP JUMP IN SHIPMENTS

While America’s infrastructure keeps rotting and Washington remains unwilling to rebuild it as it instead directs trillions of dollars into the military/industrial/intelligence complex each year, China’s infrastructure development keeps speeding ahead. It was reported last week that China-Europe freight trains, as of May 2021, transported 3.4 million twenty-foot equivalent units to 22 European cities, which...

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U.S. SENATE PASSES LAW AIMING TO COUNTER BEIJING IN TECH

The U.S. Senate, in a 68-32 vote, passed a $250 billion bill last Tuesday it hopes will allow Washington to counter China’s technological and military growth. The Washington Post reported that the vote was a “rare accord” between Democrat and Republican members. The paper reported that about $50 billion in the funds are earmarked for computer...